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By this time next week, we should all know if TikTok will be allowed to continue operating in the U.S., in partnership with Oracle, or if it will be in the process of being banned by President Trump.

Axios Re:Cap digs into the perspective from China, where TikTok's parent company is based. Our guest is CNBC Beijing bureau chief Eunice Yoon.

Go deeper

TikTok mega-star Josh Richards pivots to VC investing

Photo: RNewsfoto/Triller

Josh Richards is joining Remus Capital, an early-stage venture capital firm, as a Venture Partner, Axios has learned.

The backdrop: Richards, 18, has more than 22 million followers on TikTok and is an angel investor and chief strategy officer at Triller. Remus invests in startups that cater to Gen-Z, like boutique fitness app ClassPass.

At least 3 dead after Amtrak train derails in Montana

Photo: Jacob Cordeiro/Twitter

An Amtrak train derailed near Joplin, Montana, resulting in at least three deaths and multiple injuries to passengers and crew on Saturday, per a company statement.

The big picture: Some 147 passengers and 13 crew were aboard the Empire Builder train, which runs from Seattle to Chicago, when seven cars derailed about 4p.m., Amtrak spokesperson Kimberly Woods said in an emailed statement.

Updated 44 mins ago - Politics & Policy

Federal judge blocks vaccine mandate for NYC teachers

Students are dismissed from the first day of school at PS 133 in Brooklyn on Sept. 13. Photo: Michael Nagle/Xinhua via Getty Images

A federal appeals court is set to hear a challenge Wednesday to a vaccine mandate planned for New York City school employees.

Why it matters The vaccine mandate was set to begin on Monday, prompting concerns over staffing shortages in schools across the nation's largest school system. But a judge on Friday temporarily blocked the measure, per AP.

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